Countertrade in an international transaction is:
A) passing the risk associated with changes in exchange rates to another.
B) the practice of accepting locally produced merchandise in lieu of money as payment for goods and services.
C) a market in which parties agree to exchange a fixed amount of one currency for a fixed amount of a second currency.
D) transferring purchasing power from those who normally deal in one currency to those who generally do business in another.
Correct Answer:
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